The rich get richer and the poor get poorer
In recent years, we have phenomenal economic years.
Apple has just been the first company to break the 1 trillion market capatalization. Other copanies had similiar alltime highs. That is great for the economics, but who is profiting the most?
If you are going to buy stocks and other financial products you are going to profit from the growth. That is great. But to do that you need capital to invest. A lot of times this is not the cast. The distribution of wealth looked like the following diagram from 2017.
If you could invest money, what do you think is easier? To get from 1$ to 1’000’000$ or from 1’000’000$ to 2’000’000$? Of course it’s from 1 million to 2 million. Both times you earned 1 Million Dollars but the effort was in the first case much higher. The conclusion of this is as simple as that.
The more money you have, the easier it is to earn even more
Combinet with the almost expential growth of wealth it‘s getting insane. Is this a serious problem? What do you think about this thought?